US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 monthBullish82%
Monthly Upside probability 82%Bullish

STLD 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $95.7 and reclaim $288.03.

Invalidation Trigger

Lose $95.7 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 73.8, MACD 10.349

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $26.38 (10.75%)

Monthly

EMA Structure

Bullish
EMA 8$209.23Bullish
EMA 21$171.94Bullish
EMA 50$132.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 73.8 · MACD 10.349

Momentum is strong

Strength
Bullish
Volatility
ATR $26.38 · BB 104.19%

High volatility

Strength
Bearish
Volume
MFI 80.2 · OBV 46.82%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$95.7 - $288.03

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+28.05% · 2.6 ATR above latest close

$314.41
Nearest resistance

+17.3% · 1.6 ATR above · 34-bar high

$288.03
Current price

Price shown is delayed

$245.54
Nearest support

-61.02% · 5.7 ATR below · 34-bar low

$95.7
Deeper support zone

-71.77% · 6.7 ATR below latest close

$69.32
ATR zone

Latest close ± ATR14

$219.16 - $271.92

Indicators

Trend

Dow Theory Structure

Confirmation $141.88, invalidation $162.24

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.0 / 46.6 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$171.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$204.79 / $175.35Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

High volatility

$26.38 (10.75%)Bearish
Bollinger Bands (20,2)

Width 104.19%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.17 / $112.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.16 / $271.92Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$95.7Range

Momentum

RSI (14)

Momentum is strong

73.8Bullish
MACD (12,26,9)

Histogram is positive

10.349Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.7 / 90.8Bearish
Williams %R (14)

Neutral zone

-25.3Range
CCI (20)

Strong expansion

200.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.2Bullish
OBV slope

20-period OBV slope

46.82%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $141.88, invalidation $162.24

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.0 / 46.6 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$171.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$204.79 / $175.35Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

73.8Bullish
MACD (12,26,9)

Histogram is positive

10.349Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.7 / 90.8Bearish
Williams %R (14)

Neutral zone

-25.3Range
CCI (20)

Strong expansion

200.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

High volatility

$26.38 (10.75%)Bearish
Bollinger Bands (20,2)

Width 104.19%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.17 / $112.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.16 / $271.92Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.2Bullish
OBV slope

20-period OBV slope

46.82%Bullish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$95.7Range

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